WGN 2.11% 97.0¢ wagners holding company limited

WGN is a little illiquid for my taste and with only has a few...

  1. 306 Posts.
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    WGN is a little illiquid for my taste and with only has a few years of chart history, it is difficult to chart. Elliott Wave count is unclear. Price needs to break above $1.32 to confirm a new uptrend. A close above that level would also suggest a target of $1.69 – a potential gain of 30% on this week’s close. On the negative side there is no obvious stop loss level with the first being 30% below current price and while price has made a higher weekly peak the preceding trough was a lower trough . The rising price channel (flag) is another concern as price usually falls down, not up, out of rising flags and such a move might fit better with Elliott Wave Theory (Wave 4 can't intrude into the range of Wave 1).
    This is a high risk trade where entry needs to be conditional on price making a higher weekly peak.
    https://hotcopper.com.au/data/attachments/2527/2527604-f7adc4dca3f9661aceed3ea759a10252.jpg
 
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Last
97.0¢
Change
0.020(2.11%)
Mkt cap ! $181.9M
Open High Low Value Volume
95.0¢ 97.0¢ 94.5¢ $54.07K 56.98K

Buyers (Bids)

No. Vol. Price($)
1 7976 94.5¢
 

Sellers (Offers)

Price($) Vol. No.
97.0¢ 19844 2
View Market Depth
Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
Last
95.0¢
  Change
0.020 ( 0.00 %)
Open High Low Volume
94.8¢ 95.0¢ 94.8¢ 8790
Last updated 15.50pm 29/04/2024 ?
WGN (ASX) Chart
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